BOE’s Vlieghe: BOE unlikely to be able to cut rates as it did in the previous downturn

The Bank of England (BOE) policymaker Gertjan Vlieghe is on the wires now, via Reuters, making a scheduled speech, with the key headlines noted below.

Structural forces unrelated to monetary policy are likely to keep rates low
BOE unlikely to be able to cut rates as it did in the previous downturn
BOE analysis rules out taking rates into negative territory
Does not believe that a recession is overdue

Sep 9, 2019

Ireland's Varadkar: If there is a good reason for Brexit extension, we would consider it

Most EU countries would not want a Brexit extension Would prefer to have this resolved in October But if there is a good reason to request for one, w

Italy’s PM Conte: New 2020 budget will have to put the country on the path of growth

Italian PM Conte recently crossed the wires, via Reuters, making some comments on the new 2020 Budget. Key Quotes: New 2020 budget will have to put th